YEARLY HIGH
23.0281 NGN
YEARLY LOW
19.0351 NGN
YEARLY AVERAGE
20.6751 NGN

2010 ZAR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the ZAR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 23.0281. Conversely, the yearly low was recorded on May 25, dropping to 19.0351.

This high-to-low spread represents a total annual volatility of 3.9930 NGN. From a start-to-finish perspective, comparing the January average rate of 20.1519 to the December average rate of 22.3852, the exchange rate registered a net change of 11.08% (reflecting a strengthening trend).

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 1,151,406 NGN
Yearly Average 1,033,754 NGN
Yearly Trough Low 951,756 NGN
Transaction Impact: A difference of 199,650.82 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

22.6555
19.4121
JanuMarcMayJulySeptNove

ZAR to NGN Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 20.0331, compared to 21.3171 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2841 points.

H1 Avg (Jan–Jun) 20.0331
H2 Avg (Jul–Dec) 21.3171

Volatility Range Comparison

Volatility

The most volatile month in 2010 was September, with a trading range of 1.5782 NGN (High: 22.2447 / Low: 20.6665). On the other end, August was the most stable month, with a tight range of 0.4169 NGN (High: 20.8860 / Low: 20.4691).

September Spread (Volatile) ±1.5782
August Spread (Stable) ±0.4169

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.6072 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.6072

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for December 2010 is 22.3852.

2010 Avg (December) 22.3852
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.4778 19.7383 20.1519
February 20.2538 19.4671 19.6824
March 20.6844 19.6199 20.2517
April 20.7310 20.1230 20.4774
May 20.5904 19.0351 19.8701
June 20.2659 19.4176 19.7649
July 20.5466 19.3726 19.9166
August 20.8860 20.4691 20.6364
September 22.2447 20.6665 21.3760
October 22.4096 21.3816 21.9937
November 22.1537 21.0857 21.5948
December 23.0281 21.5139 22.3852